We're dividing 242931 by 54 
Our goal is to divide 242931 by 54.

Advancing to step 1:
When dividing 2 by 54, we get 0 with a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 2 after subtracting 0 from 2.
Append the next digit (4) from the dividend to 2 and continue with: 24 / 54

On to step 2:
54 goes into 24 0 times with a remainder of 24.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 24 after subtracting 0 from 24.
Take the next digit (2) from the dividend and append it to 24, then repeat: 242 / 54

Moving on to step 3:
If we divide 242 by 54, we get 4 and a remainder of 26.
Use 4 as the next digit of our solution. 
Result so far: 4.0
If we subtract 216 from 242, we get 26.
Append the next digit (9) from the dividend to 26 and continue with: 269 / 54

Going ahead to step 4:
54 can be fit into 269 4 times, resulting in a remainder of 53.
Put 4 as the next digit of the answer. 
Result so far: 44.0
Subtract 216 from 269 to get 53.
Fetch the next digit (3) from the dividend, attach it to 53 and continue: 533 / 54

Going ahead to step 5:
The number 54 fits into 533 9 times, leaving a remainder of 47.
Put 9 as the next digit of the answer. 
Result so far: 449.0
Subtract 486 from 533 to get 47.
Grab the next digit (1) from the dividend, add it to 47, then carry on: 471 / 54

Let's proceed to step 6:
54 can be fit into 471 8 times, resulting in a remainder of 39.
Put 8 as the next digit of the answer. 
Result so far: 4498.0
If we take 432 away from 471, we end up with 39.
Since there are no more digits in the dividend, we add a zero to the remainder making it 390, and continue the process.

Step 7:
The number 54 fits into 390 7 times, leaving a remainder of 12.
The number 7 becomes the next digit in our result. 
Result so far: 4498.7
Subtract 378 from 390 to get 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Moving on to step 8:
If we divide 120 by 54, we get 2 and a remainder of 12.
The next digit of our result is 2. 
Result so far: 4498.72
Deduct 108 from 120 and we're left with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Advancing to step 9:
120 divided by 54 is 2 with a remainder of 12.
The next digit of our result is 2. 
Result so far: 4498.722
If we take 108 away from 120, we end up with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

The final result is 4498.722 with a remainder of 0.0012.